PARTORY, a Czech-based startup specializing in industrial B2B solutions, has announced a significant investment of €1.25 million from Jet Investment's new Jet Ventures fund. This investment marks a crucial milestone for the company, which has already raised €3.4 million since its inception.

PARTORY's Unique Value Proposition

Founded by brothers Milan and Jakub Málek, PARTORY focuses on the European industrial sector, the largest engineering market in the world. The company's software platform simplifies the procurement process for buyers and enhances the competitiveness of suppliers. By acting as an external sales partner for suppliers, PARTORY expands their market reach, while for buyers, it streamlines procurement processes and simplifies the management of complex supply chains.

Expansion Plans and Future Developments

The investment from Jet Ventures will enable PARTORY to further develop its software platform and expand into foreign markets. The company plans to hire native speakers in target countries, onboard new local suppliers, and transform them into ESG-compliant businesses. Additionally, PARTORY will enhance its AI-driven pricing, technology selection, and procurement management, improving the efficiency of the entire supply chain.

The Jet Ventures Fund

The Jet Ventures fund focuses on supporting industrial startups in the Czech Republic, Slovakia, Poland, Austria, and Germany. The fund aims to invest in projects that bring cutting-edge technological solutions to enhance competitiveness in industrial manufacturing and supply chains. PARTORY's investment is a testament to the fund's commitment to backing innovative industrial startups.

A Bright Future for European Industry

Co-founder & CTO Jakub Málek expressed his enthusiasm about the partnership with Jet Ventures, stating, "We are very pleased to collaborate with Jet Ventures, who have nearly 30 years of experience transforming industrial companies. Their support for young industrial innovators, whose breakthrough technologies contribute to the modernization and growth of the European economy, is a tremendous opportunity for us." With this investment, PARTORY is poised to play a significant role in strengthening the backbone of the European industry.

PARTORY's €1.25 million investment from Jet Ventures is a significant milestone for the Czech digital factory. With its unique value proposition, expansion plans, and commitment to innovation, PARTORY is well-positioned to make a lasting impact on the European industrial sector. As the company continues to grow and develop, it is likely to remain a key player in the region's industrial landscape.